Monday, January 17, 2011

Tracking my expenses

January is not my favorite time of the month when it comes to expenses. The bills keep coming in and its pretty scary.
 I am trying to become better with my finances, keeping records of payments and accounts etc. I used to be very diligent, but for the last few years have become very slack in the admin department. So, here I sit, opening and filing bills, and recording those monthly ones on an excel spreadsheet,I also need to check my bank statements, as I dont. By doing this, I am sure I am going to get a shock on how much money flies out the window that I have not taken stock off. Just looking at last months statements, the amount of times I went to Woolworths and Pick n Pay was incredible. Almost daily. I really aim this year to bring it down to a weekly shop.
I also need to seriously cut down on my spending. I confess that I am an emotional shopper and buy wants, rather than needs. The first step is to track. Track everything and then trim.

1 comment:

a journey of faith said...

Sounds like a great idea! I need to take stock as well!!